The Fair Share Report
204 Apache Tr
Pemberton, NJ 08015
The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.
This home's full record →Check another house →
Step 1 · Market value
Likely range $351,796 – $405,669, from 12 comparable Pemberton sales in the past 18 months, at this home's 1,662 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Pemberton assessments sit below market value — republished every October, applied town-wide. A $376,428 home should be assessed near $224,690.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,190 below what the ratio math suggests (16.6%).
Step 4 · The tax rate — same for every Pemberton home
$1.608 Schools · 49% $0.533 County · 16% $1.112 Town · 34%
Step 5 · The bill
This home vs. every recent Pemberton sale · assessed ÷ market
35%81%
Paying about right
This home's ratio lands inside Pemberton's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 14 BEE ST | 2026-05 | $370,000 | 1,657 | 45.4% |
| 409 FLORIDA TR | 2025-12 | $380,000 | 1,632 | 49.3% |
| 207 HARVARD AV | 2025-04 | $404,000 | 1,606 | 37.0% |
| 15 ESTATE RD | 2026-03 | $390,000 | 1,708 | 42.5% |
| 441 CORNELL AV | 2025-02 | $390,000 | 1,744 | 40.3% |
| 70 SCRAPETOWN RD | 2025-03 | $370,000 | 1,748 | 42.6% |
| 219 HARVARD AV | 2025-12 | $392,000 | 1,606 | 38.4% |
| 246 RUTGERS AV | 2025-07 | $340,000 | 1,606 | 43.9% |
| 233 RUTGERS AV | 2025-10 | $298,000 | 1,606 | 50.3% |
| 240 PURDUE AV | 2026-02 | $370,000 | 1,755 | 42.4% |
| 228 PURDUE AV | 2025-08 | $395,000 | 1,744 | 39.6% |
| 2 KIOWA TR | 2025-12 | $420,000 | 1,668 | 45.6% |
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